Will my mutual fund portfolio help me achieve my goal?

ET Online|

Jul 16, 2018, 11.08 AM IST

0Comments

I am in my early 30s and I am a first-time investor in mutual funds. I started a monthly SIP of Rs 10,000 through Fundzbazar. I am investing for wealth creation. I have a long-term horizon of five to ten years and can take moderate risk on my investments.

The choice of schemes in your mutual fund portfolio seems fine. However, your investment horizon should be seven years or more. Also, try to increase your monthly investment amount in mutual fund schemes by 7-10 per cent every year.